FBC bought together an expert panel of board executives and pension trustees to discuss some of the challenges and opportunities in enhancing overall investment governance and in particular examine each group's experience of measuring and articulating the value they bring to their customers. In this session, we delved into the role of the board, in particular their independent members and related committees. We examined the resourcing and competencies required and specifically, what lessons we can take from the pensions’ industry’s Value for Money initiative and its mutual fund counterpart, Assessment of Value.